{"id":461745,"date":"2018-08-03T13:05:49","date_gmt":"2018-08-03T12:05:49","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=461745"},"modified":"2018-08-03T13:05:49","modified_gmt":"2018-08-03T12:05:49","slug":"afd-subsidizes-the-rural-credit-of-guinea","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2018\/08\/03\/afd-subsidizes-the-rural-credit-of-guinea\/","title":{"rendered":"AFD subsidizes the Rural Credit of Guinea"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>It is an envelope of one million euros that the French Development Agency (AFD) will unblock to subsidize the Rural Credit of Guinea (CRG).<\/p>\n<p>Indeed, the institution has signed this Monday, July 30, a financing agreement that aims to consolidate the ongoing transformations of the leader of microfinance in Guinea.<br \/>\nMainly in the form of technical assistance, this support is sequenced in two phases: it is, in a first phase, a subsidy of one million euros which will support the Rural Credit of Guinea in the transformation of its system information and management, its governance and competitiveness and will accompany its recovery.<br \/>\nIn a second phase, the grant will be supplemented by a subordinated loan to consolidate the equity of Guinea Rural Credit and provide it with long-term resources.<br \/>\nAccording to Lamarana Sadio Diallo, director general of Guinea Rural Credit, the institution he heads is the largest in microfinance in Guinea.<br \/>\nIt is present throughout the country with 170 points of service, 400 thousand beneficiaries, 120 billion GNF of credit per year, 130 billion GNF savings with an increasingly modern structure providing quality banking services including the credit, savings, tontine, local and international transfer.<br \/>\nAs a reminder, the AFD has been supporting Guinea Rural Credit since its birth in 1989. First, in the form of a project. Then, in the form of a public limited company in 2001, until it became autonomous in 2012.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>It is an envelope of one million euros that the French Development Agency (AFD) will unblock to subsidize the Rural Credit of Guinea (CRG). Indeed, the institution has signed this Monday, July 30, a financing agreement that aims to consolidate the ongoing transformations of the leader of microfinance in Guinea. Mainly in the form of<\/p>\n","protected":false},"author":533179,"featured_media":461747,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12046,12008],"tags":[341,15258,13268],"class_list":{"0":"post-461745","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-leaders-en","8":"category-stock-exchanges","9":"tag-afd","10":"tag-crg","11":"tag-guinea","12":"post_format-post-format-aside","13":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>AFD subsidizes the Rural Credit of Guinea - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.financialafrik.com\/en\/2018\/08\/03\/afd-subsidizes-the-rural-credit-of-guinea\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AFD subsidizes the Rural Credit of Guinea\" \/>\n<meta property=\"og:description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. 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We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.financialafrik.com\/en\/2018\/08\/03\/afd-subsidizes-the-rural-credit-of-guinea\/\" \/>\n<meta property=\"og:site_name\" content=\"Financial Afrik\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/FinancialAfrik\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-08-03T12:05:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2018\/08\/signature-covention-AFD-CRG-696x415-627x374.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"627\" \/>\n\t<meta property=\"og:image:height\" content=\"374\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ndeye Magatte Kebe\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:site\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ndeye Magatte Kebe\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/08\\\/03\\\/afd-subsidizes-the-rural-credit-of-guinea\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/08\\\/03\\\/afd-subsidizes-the-rural-credit-of-guinea\\\/\"},\"author\":{\"name\":\"Ndeye Magatte Kebe\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#\\\/schema\\\/person\\\/55de6f6c153173c36b1543ff83ebe25e\"},\"headline\":\"AFD subsidizes the Rural Credit of Guinea\",\"datePublished\":\"2018-08-03T12:05:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/08\\\/03\\\/afd-subsidizes-the-rural-credit-of-guinea\\\/\"},\"wordCount\":233,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/08\\\/03\\\/afd-subsidizes-the-rural-credit-of-guinea\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2018\\\/08\\\/signature-covention-AFD-CRG-696x415-627x374.jpg\",\"keywords\":[\"AFD\",\"CRG\",\"Guinea\"],\"articleSection\":[\"Leaders\",\"Stock Exchanges\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/08\\\/03\\\/afd-subsidizes-the-rural-credit-of-guinea\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/08\\\/03\\\/afd-subsidizes-the-rural-credit-of-guinea\\\/\",\"url\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/08\\\/03\\\/afd-subsidizes-the-rural-credit-of-guinea\\\/\",\"name\":\"AFD subsidizes the Rural Credit of Guinea - Financial Afrik\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/08\\\/03\\\/afd-subsidizes-the-rural-credit-of-guinea\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/08\\\/03\\\/afd-subsidizes-the-rural-credit-of-guinea\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2018\\\/08\\\/signature-covention-AFD-CRG-696x415-627x374.jpg\",\"datePublished\":\"2018-08-03T12:05:49+00:00\",\"description\":\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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